| Oct 15, 2014
| 2:16 PM
Facing criminal charges of fraud and a $72 million lawsuit, Orlando businessman Nikesh Patel has agreed to sell five hotels, two multimillion-dollar homes, several luxury brand watches, a Rolls Royce, a Lamborghini, and gold coins.
But Patel hasn’...
| Nov 5, 2014
| 1:21 PM
Almost four years after Orlando-area home prices hit bottom, the region still ranks among the hottest markets nationally for institutional investors purchasing houses, a new report shows.
Orlando ranks fifth among the top 100 metro areas for its share...
| Nov 6, 2014
| 1:38 PM
Florida's leader, by far, for home-price gains during the third quarter was Volusia County, which includes Deltona, DeBary and Daytona Beach, a new study shows.
The median price for homes in the coastal county, northeast of Metropolitan Orlando, was...
| Jul 9, 2014
| 9:06 AM
Orlando-based CNL Commercial Real Estate is moving ahead with a plan to make $300 milllion in acquisitions over the next 18 months.
In April, CNL closed on the first acquisition for its CCRE Sponsor Equity Fund I – a $45 million purchase of the...
| Sep 18, 2014
Central Florida's wealth of transplants from Northern states is a big reason that more than half of all Wawa stores to open in Florida are in the Orlando area.
"There's a balance of customers that knew the brand, and they certainly like the taste of...
| Sep 15, 2014
Tavistock Development Co., affiliated with the owners of Isleworth and Lake Nona, sold its ground-floor retail space at The Grove commercial center in Windermere to shopping-center developer Equity One Inc.
The New York-based Equity One bought the...
| Aug 18, 2014
| 9:05 PM
The buyer who purchased Dwight Howard's estate in Seminole County last month wasn't the Orlando market's only luxury seeker to come with cash in hand.
The NBA star had three cash offers on his lakefront mansion, which sold last month for $3.4 million...
| Aug 18, 2014
| 5:00 PM
Orlando landlord Brian Lunsford needed $40,000 to renovate a house that a college student almost burned down, so he turned to an online crowdfunding site.
Within two days, more than a dozen investors had each agreed to loan him an average of $2,800...
| Aug 15, 2014
| 5:59 AM
When it comes to securing housing, it’s been said that a key factor is location, location, location.
But these days, builders and housing advocates agree, there’s another issue that’s also become appealing to those seeking a place to...
| Aug 7, 2014
| 6:56 AM
Orlando remains one of the nation's more affordable housing markets, but the pinch of rising home prices on incomes is evident in a new study released Thursday.
Orlando-area home buyers in May spent 17 to 20 percent of their earnings on house payments,...
| Aug 3, 2014
| 10:13 AM
The buying spree has continued for Jim Gissy, longtime right-hand man for time-share magnate David Siegel.
The vice president of sales and marketing at Westgate Resorts recently purchased the Golden Eagle Village shopping center at 2430 U.S. Highway...